Question: Solve through steps kindly EEM Assignment # 1 CLO- 1 Problem : - 1 Jack borrows $ 1000 from a Bank and agrees to pay

Solve through steps kindly

 Solve through steps kindly EEM Assignment # 1 CLO- 1 Problem

EEM Assignment # 1 CLO- 1 Problem : - 1 Jack borrows $ 1000 from a Bank and agrees to pay back as equal 10 yearly Installments at an interest yale of 25%. Calculate the annual payments and also draw cash flow diagram. Problem : - 2 Given the Pulevest Yale 10% ( yearly ). You are willing to sell your car today at $500. But Your friend wants to buy on installments from you . How much yearly amount A': will he be paying you for 5 years . Also calculate how much .. amount above $ 50o he will pay

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